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Product Warranty (Tables)
6 Months Ended
May 31, 2019
Product Warranties Disclosures [Abstract]  
Schedule of Product Warranty Reserve The activity in the Company’s warranty reserve was as follows:
 
Three Months Ended
 
Six Months Ended
 
May 31,
 
May 31,
(In thousands)
2019
 
2018
 
2019
 
2018
Warranty reserve, beginning of the period
$
295,622

 
270,056

 
319,109

 
164,619

Warranties issued
47,855

 
47,855

 
81,826

 
72,544

Adjustments to pre-existing warranties from changes in estimates (1)
2,004

 
7,227

 
(7,523
)
 
10,095

Warranties assumed related to acquisitions

 
9,150

 

 
117,554

Payments
(53,857
)
 
(39,578
)
 
(101,788
)
 
(70,102
)
Warranty reserve, end of period
$
291,624

 
294,710

 
291,624

 
294,710


(1)
The adjustments to pre-existing warranties from changes in estimates are primarily related to specific claims for certain of the Company's homebuilding communities and other adjustments.